The Morning Ledger: Companies Cheer Renewed Tax Credits

By

David Hall

Jan 3, 2013 6:29 am ET

Fourth-quarter earnings may look a little rosier for some companies thanks to some of the tax credits squeezed into the fiscal cliff deal. Technology and drug companies are cheering the decision to retroactively extend the R&D credit, which expired in 2011. And financial firms could get some tax relief from the extension of a credit for overseas financing activities, CFOJ’s Emily Chasan writes.

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